JP Morgan (NYSE:JPM) analyst Steve Shepherd has upgraded Harmony Gold Mining Ltd. (NYSE:HMY) from "Neutral" to "Overweight."
Shepherd also has a price target over the next 12 months of 102 rand a share.
In the last five trading days, Harmony has made a nice move, closing Thursday at $10.88, gaining $0.14, or 1.30 percent.
Trading volume was near the 3-month average.
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